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Jan 07

TECHNICAL ANALYSIS BY NSFX 07.01.2016

By:

High:  Low: 

EURUSD is back up above the 1.0790 level and looks to test the 1.0800 level again. The pair rebounds off support. We think it is time to be neutral, as the pair failed to stabilize below 1.0720 with a four hour closing.

R3
R2
R1
S1
S2
S3